Tuesday, July 26, 2011

1MALAYSIA DEVELOPMENT BERHAD

1MALAYSIA DEVELOPMENT BERHAD

1MDB is a strategic development company wholly owned by the Government of Malaysia. As a strategic enabler for new ideas and new sources of growth, 1MDB leads in market-driven initiatives to help transform Malaysia into a thriving economy.

What We Do

The Government of Malaysia wholly owns 1MDB as a strategic enabler for new ideas and new sources of growth to propel economic transformation. 1MDB seeks to identify and unlock strategic value to fully unleash new growth potentials.

1MDB has a unique concept in driving economic growth. It creates high-impact business opportunities to forge international partnerships through equal-capital joint ventures in game-changing projects. It leverages on the partners’ expertise to build capacity and translate their capital into foreign direct investment.

The company focuses on investments with strategic value and high multiplier effects on the economy, particularly in energy, real estate, tourism and agribusiness. Every investment undergoes a rigorous process of best global practices, supported by local and international experts as well as state-of-the-art infrastructure.

A Global Financial City

The Kuala Lumpur International Financial District (KLIFD) is a key enabler to strengthen the position of Kuala Lumpur as the global financial city of choice.

This crucial component of the Greater Kuala Lumpur initiative will help transform Kuala Lumpur into an international hub for banking and finance as well as related professional services.

KLIFD will leverage on Malaysia’s leadership in global Islamic finance to cement her position in the world of international finance.

KLIFD will drive Malaysia towards a high-income economy.

For the future it represents, KLIFD is identified by the Government of Malaysia as an Early Entry Point in its comprehensive Economic Transformation Programme to more than double per capita income by 2020.

1MDB is the Master Developer for KLIFD and a twin project – Bandar Malaysia, which is the urban redevelopment to transform the old Sungai Besi airport into a sustainable liveable city and a haven for knowledge and arts.Location

Strategically located in the heart of Kuala Lumpur's "spread out" financial district, KLIFD will bring together world-class names to operate closely in a physical location.

KLIFD lies at the city’s southern tip. It sits on 75 acres in between Jalan Tun Razak, Jalan Sultan Ismail and the Putrajaya elevated highway.

This new icon for the financial world will expand the city’s business centre and tourist belt, from the Kuala Lumpur City Centre (KLCC), the Pavilion Retail Centre to Bintang Walk.

It will be easily accessible to motorists, commuters and pedestrians. KLIFD is only a short walk to many of these places, including the city’s premier Central Business District.